1 Bedrooms Flat for sale in Gloucester Terrace, London W2 | £ 325,000
Overview
| Price: | £ 325,000 |
|---|---|
| Contract type: | For Sale |
| Type: | Flat |
| County: | London |
| Town: | London |
| Postcode: | W2 |
| Address: | Gloucester Terrace, London W2 |
| Bathrooms: | 0 |
| Bedrooms: | 1 |
Property Description
Lot 62 - This lot is for sale by auction as lot 62 on Thursday 13th December 2018.
A Well Located Leasehold Lower Ground Floor Unit presented in Shell Condition
- Planning Permission for Conversion to provide a Self-Contained One Bedroom Flat
- Close to Paddington Station
Vacant Possession
Tenure
Leasehold. The property is held on a lease for a term of 125 years from 6th June 2017 (thus having approximately 123 years unexpired) at a current ground rent of £10 per annum.
Location
The property is situated on the north side of Gloucester Terrace, to the east of its junction with Porchester Square. A variety of local amenities, shops and restaurants is available in Paddington and Marylebone, together with the extensive shopping facilities of London’s West End. The A40, A404 and A5 are all accessible. The open spaces of Westbourne Green, Regent’s Park and Hyde Park are within close proximity. Underground services (Circle and Hammersmith & City Lines) run from Royal Oak Station approximately 0.3 miles to the north-west, and Rail and Underground services (Bakerloo, Circle, District and Hammersmith & City Lines) run from Paddington Station approximately 0.6 miles to the east. St Mary’s Hospital and City of Westminster College are close by.
Description
The property comprises a lower ground floor unit situated within a mid terrace building arranged over lower ground, ground and four upper floors beneath a flat roof. The property is presented in shell condition.
Accommodation
Three Rooms, Two Vaults
Planning
Local Planning Authority: City of Westminster. Tel: Planning permission (Ref:16/11704/coful) was granted on 10th February 2017 for ‘Use of the basement floor and front vault to provide 1 x one bedroom flat. Installation of window to front and rear elevation at basement level’. Upon completion of the approved works, the property will provide: Reception Room with Integral Kitchen, Bedroom, Bathroom/WC with wash basin, Bike Store.
To View
The property will be open for viewing every Wednesday and Friday before the Auction between 9.30 – 10.15 a.M. These are open viewing times with no need to register. (Ref: Jwb).
Seller’s Solicitor
Harold Benjamin (Ref: Mrs V Sood).Tel: Email: Varsha.Sood@haroldbenjamin.Com
Guide Prices. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller might be prepared to sell on the date on which the guide price, or range of prices, is published. The reserve price is the minimum price at which the property can be sold. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted 'subject to contract'. The latest published guide price, or range of prices, are displayed on our website. The latest published guide, or range of prices, will normally be at or above any reserve price. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any lot may exceed the previously quoted guide price - as the seller may fix the final reserve price just before bidding commences. If a guide price is listed as 'tba', it means that there is no guide price at present - please do not call our office. The guide price, or range of prices, will be published online immediately it becomes available at: Please check regularly for updates. Lots may be sold or withdrawn prior to auction.
Property Location
Property Marketed by Allsop LLP
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